National market update

WASHINGTON (April 22, 2013) - Existing-home sales eased in March from inventory constraints, which continued to pressure home prices. Sales have been above year-ago levels for 21 consecutive months, while prices show 13 consecutive months of year-over-year price increases. More...
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National housing indicators

Existing home sales ()

4.92 million units*

Existing home median price ()

$184,300

Housing Starts ()

1.036 million units*

New home sales ()

National economic indicators

Home ownership

1st Qtr 13

65.0%

1st Qtr 12

65.4%

The homeownership rate in the first quarter 2013 (65.0 percent) was lower than the first quarter 2012 rate (65.4 percent). The homeownership rate in the South was lower than the corresponding first quarter 2012 rate, while the rates in the Northeast, Midwest, and West were not statistically different from the rates a year ago.

New home sales

Mar 13

+1.5%

Feb 13

-7.6%

Sales of new single-family houses in March 2013 were at a seasonally adjusted annual rate of 417,000. This is 1.5 percent (+/- 16.9%)* above the revised February 2013 estimate of 411,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Peter Johnson, Century 21 Realty Partners

Montgomery County Single Family Home Sales fell a little in Feb 018 with 616 Homes Sold VS 617 in Feb 017 or (-0.1%). Average single family home prices fell (-2.03%) or $285,433 in Feb 018 VS $291,357 in Feb 017. Inventories (listings) fell in Feb 018 VS Feb 017. (see link)
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The Houston Single Family Home Sales enjoyed their 2nd positive month of the New Year. Sales were up in most all areas.
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Houston Single Family home sales rose (+5.3%) in Feb 018 with 5,260 sold vs 4,997 sold in Feb 017. Average home prices rose (-0.4%) in Feb 018 to $281,945 VS $280,813 in Feb 017. Single family leases fell 11.5% in Feb 018 VS Feb 018. Average rent prices rose (+1.4%) to $1,748 in Feb 018
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Disclaimer: The views, opinions, statements and/or ideas expressed in this Message Section do not reflect the ideas, policy, position, views or opinion of Move,Inc.

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